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Does the Impact of State Ownership on Financial Performance of Firms Vary across different Sectors in China?

Author

Listed:
  • Muhammad Yusuf Amin

    (PhD, Eastern Mediterranean University Famagusta, North Cyprus)

  • Noor Hassan

    (Lecturer, IBL, Abdul Wali Khan University, Mardan, KP, Pakistan.)

  • Syed Imran Khan

    (PhD Scholar, Graduate Business School, Yeungnam University, South Korea.)

Abstract

This study explores the impact of state ownership on the performance of Chinese listed firms. This study uses annual data of 143, state-owned 1,235, private enterprises for a period of 2011 to 2015. We use Ordinary Least Square method to find whether firm profitability and ownership are associated with each other or not. The results of whole sample indicate that over all firm performance and state ownership are negatively associated in China. However, the negative connection between state ownership and financial performance changes as we run the regression across different sectors.

Suggested Citation

  • Muhammad Yusuf Amin & Noor Hassan & Syed Imran Khan, 2019. "Does the Impact of State Ownership on Financial Performance of Firms Vary across different Sectors in China?," Global Economics Review, Humanity Only, vol. 4(3), pages 24-32, September.
    • Handle: RePEc:aaw:journl:v:4:y:2019:i:3:p:24-32
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    References listed on IDEAS

    as
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    More about this item

    Keywords

    Capital Structure; Firm Performance; State-Owned Enterprises; China.;
    All these keywords.

    JEL classification:

    • R00 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General - - - General
    • Z0 - Other Special Topics - - General

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